“…Although the vast majority of studies of informality are focused on estimating its size, recent years have seen a growing number of attempts to understand the characteristics of entrepreneurs and enterprises operating in the informal sector not only in Ghana in particular (Adom, 2014;Akorsu and Akorsu, 2009;Koto, 2015;Obeng-Odoom, 2016;Ofori, 2009) but also more widely (Aidis et al, 2006;Bureau and Fendt, 2011;Kahn, 2017;Ram et al, 2017;Siba, 2015;Thai and Turkina, 2014;Webb et al, 2013;Williams and Krasniqi, 2018;Williams et al, 2017). Although there are mixed findings on whether women participate more than men (Adom, 2014;Agarwala, 2009;Obeng-Odoom, 2016;Ogando et al, 2017;Petersen and Charman, 2018;Williams and Gurtoo, 2012), this is not the case with age. A U-shaped curve has been identified in relation to the age of owners of informal enterprises, with younger and older persons being more likely to operate informally, both in Ghana (Adom and Williams, 2014;Akorsu and Akorsu, 2009) and elsewhere (e.g., Asian Development Bank, 2010; Williams and Martinez, 2014).…”